been super busy guys glad to see everyone in here plugging away I check in daily i promise Wanted to jump in cause this was one of my last posts and i've been super bearish on the indices but just waiting Hope you guys caught this, been watching ...

james16 Chart Thread

Hey A Were you speaking about the bar marked on my chart? if so yes that's a BEOB at a swing high but it's quite a small one vs a strong trend. So be careful with those they often reverse at their FTAs. Some people like them but get stops to b/e or ...

james16 Chart Thread

Hey K We would want price to close under that small box there then it would be a great wick play. That's not to say we should be a buyer but i'd rather be a buyer on the open with a tight stop under the box then a seller. Let me know if that makes ...

james16 Chart Thread

I think a lot of things are looking good again, we are hitting major important areas I'm watching for either a failure at the resistance area again, or a breakout of this area Right above this area remains STRONG resistance that I would look to get ...

james16 Chart Thread

yes thats an IDEAL scenario to play a pullback. You get a false breakout with the small closing bar above your PPZ, then a nice BEOB closing back below it. We want to SELL back at the PPZ on a retrace in a case like that. That's exactly the scenario ...

james16 Chart Thread

Welcome Wa Glad to have you and glad to hear you are taking the right steps on your way to live trading Mike

james16 Chart Thread

Hey Analyst I'd be careful that's a lot of traffic there I think it's better to watch it develop as a wedge for now Best Mike

james16 Chart Thread

Hey Chill I find that situation tricky too. Because the true most important area is your top resistance area but the BEOB high is off that area so unless we take a VERY deep retrace we aren't trading around that area which is where i want to be ...

james16 Chart Thread

Hey Marty These are classic bars that trip people up. You identified a pinbar at a swing high and we think that's about it and boom it stops you out It's actually quit easy to avoid these after awhile Check your confluence always. What's the story ...

james16 Chart Thread

welcome sophie. We've been around a long time so people think all we do is "pinbars" for some reason, but glad to see you digging into the real meat of what we do Mike

james16 Chart Thread

still in my SP shorts but closed out my sgd/jpy last night breakeven on my SP

james16 Chart Thread

Hey TG For me it all started with the entire market and how we closed the week out. I posted to the group about how suspicious everything was and how much I felt the snap back price action was not trust worthy. I found it hard to believe we have the ...

james16 Chart Thread

welcome DJ glad to have you Keep testing and demoing, that's the exact right thing to do. It takes time, it's not a magic bullet here what we do but it works with time and practice We are here to help when needed Mike

james16 Chart Thread

Hey DJ We're always glad to have new members of course. Yes this thread is a MONSTER and the site is much more organized. Even still though you might want to hold off until the new site(yes the new site is coming lol) which will be even more ...

james16 Chart Thread

when that slide gets going it can be vicious

james16 Chart Thread

was a lot of these wicks or badly closed almost pinbars across the board. I spoke earlier this weekend how suspicious I was off the sharp reversals we saw I shorted sgd/jpy sunday and i've been short teh SP500 since last week. If we slide off again ...

james16 Chart Thread

we got that good close on SP bought right on open i'd love a late day sell off near the gap or a strong push higher today followed by a weak close under that area

james16 Chart Thread

missed my sell by just a little \ may be time to buy if the SP closes above yesterdays close image image

james16 Chart Thread

chart

james16 Chart Thread

yep some crazy stuff I wouldn't do anything in todays range personally, i'm just watching certain areas it's going to be juicy if we are patient Reds are my sell areas again depending on PA around these areas, greens are buy. I would love to see ...

james16 Chart Thread